Shares of Talos Energy Inc. (NYSE: TALO – Get Rating) received an average recommendation of “moderate buy” from the eight analysts who currently cover the company, MarketBeat reports. An equity research analyst rated the stock with a hold recommendation and five gave the company a buy recommendation. The 12-month average price target among brokers who have rated the stock over the past year is $21.64.
TALO has been the subject of several research reports. MKM Partners reaffirmed a “buy” rating and set a $23.00 price target on Talos Energy shares in a Wednesday, July 20 research note. TheStreet upgraded shares of Talos Energy from a “c-” rating to a “b-” rating in a Thursday, August 4, research report.
Performance of the Talos Energy share
Talos Energy shares opened at $15.09 on Tuesday. The company has a 50-day moving average price of $18.93 and a two-hundred-day moving average price of $18.43. Talos Energy has a 1-year low of $8.57 and a 1-year high of $25.49. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt ratio of 0.88. The company has a market capitalization of $1.25 billion, a P/E ratio of 6.56 and a beta of 2.27.
Talos Energy (NYSE:TALO – Get Rating) last reported quarterly earnings data on Thursday, August 4. The company reported EPS of $1.15 for the quarter, missing the consensus estimate of $1.28 per ($0.13). The company posted revenue of $519.09 million for the quarter, versus analyst estimates of $434.13 million. Talos Energy achieved a return on equity of 24.73% and a net margin of 12.02%. As a group, analysts expect Talos Energy to post EPS of 4.59 for the current year.
Institutional investors weigh in on Talos Energy
Several large investors have recently changed their holdings in TALO. Comerica Bank increased its stake in Talos Energy by 1.6% in the 1st quarter. Comerica Bank now owns 36,563 shares of the company valued at $737,000 after acquiring an additional 560 shares during the period. US Bancorp DE increased its stake in Talos Energy by 39.2% in the 1st quarter. US Bancorp DE now owns 2,811 shares of the company worth $44,000 after acquiring an additional 791 shares during the period. The Texas Permanent School Fund increased its stake in Talos Energy by 2.8% in the second quarter. Texas Permanent School Fund now owns 29,827 shares of the company valued at $461,000 after purchasing an additional 802 shares during the period. Yousif Capital Management LLC increased its position in Talos Energy shares by 2.4% during the 1st quarter. Yousif Capital Management LLC now owns 38,007 shares of the company valued at $600,000 after purchasing an additional 895 shares in the last quarter. Finally, Mutual of America Capital Management LLC increased its position in Talos Energy shares by 17.5% in the second quarter. Mutual of America Capital Management LLC now owns 6,931 shares of the company worth $107,000 after buying 1,032 additional shares last quarter. Hedge funds and other institutional investors own 92.31% of the company’s shares.
About Talos Energy
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Talos Energy Inc, an independent exploration and production company, is focused on the exploration and production of oil and gas properties in the Gulf of Mexico in the United States and offshore Mexico. As of December 31, 2021, the company had proven reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas and 14,435 thousand barrels of oil. raw.
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